Business & Money | Sunday 6 May, 2018 2:57 am

Technology key economic enabler

As Saudi Arabia welcomes a series of reforms and initiatives as part of its on-going economic diversification drive, Mastercard, a leading technology company in the global payments industry, has further reiterated its commitment to bringing to the Kingdom cutting-edge payment technologies that will ...

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Business & Money | Saturday 5 May, 2018 1:30 pm

Saudi Arabia and Egypt seek increased trade, cooperation

Trade and coordination of joint positions in international and regional forums were highlighted during the 16th Saudi-Egyptian Joint Committee meeting that concluded in Riyadh on Thursday.  Following a series of bilateral meetings over the past two days, five working groups were formed to ...

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Business & Money | Friday 4 May, 2018 5:05 am

SAGIA aims to get Kingdom in top 20 for ease of doing business by 2020

Saudi Arabia wants to be in the top 20 countries measured by “ease of doing business” by 2020, the head of the Kingdom’s investment promotion agency, the Saudi Arabian General Investment Authority (SAGIA) said on Thursday. Ibrahim Al-Omar, SAGIA governor, said that there were a ...

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Business & Money | Friday 4 May, 2018 3:11 am

A.A. Al Moosa Enterprises receives Three Impressive Awards during the Tawteen 360 Ceremony

A.A. Al Moosa Enterprises LLC, a Dubai-based service oriented conglomerate that offers a wide spectrum of business interests, is pleased and honoured to have received three impressive awards during the Tawteen 360 ceremony awards, as the best company in recruiting locals in terms of numbers in the...

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Business & Money | Thursday 3 May, 2018 5:11 pm

Boehringer Ingelheim appoints General Manager and Head of Human Pharma in Saudi Arabia

Boehringer Ingelheim, one of the world’s leading pharmaceutical companies, announced today that it has appointed Waleed Mashak as the company’s General Manager and Head of Human Pharma in Saudi Arabia. He will continue driving the company’s business strategy and wider operations...

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Business & Money | Thursday 3 May, 2018 5:02 pm

H.H. Sheikh Saud bin Saqr Al Qasimi receives Honorary Doctorate in Economics from Incheon National University

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah today received an Honorary Doctorate in Economics from Incheon National University (INU) in South Korea as recognition of his outstanding achievements in improving his Emirate’s economic...

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Business & Money | Thursday 3 May, 2018 4:42 pm

First all-Female Operated Claims Center Officially Opens in Saudi Arabia

Salama Insurance announced the official opening of their first female claims center after the kingdom grants women the right to drive. The newest claims center aims to support female drivers and owners with the process of getting their claims.     The new facility was...

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Business & Money | Thursday 3 May, 2018 3:41 pm

NCB’s Net Income Increased SAR 2,987 Million for the First Quarter of 2018

The National Commercial Bank announced that net income for the first quarter of 2018 reached SAR 2,987 million compared to SAR 2,703 million for the same quarter of the previous year, an increase of 10.5%, and an increase of 16.8% compared to the SAR 2,556 million of the previous...

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Business & Money | Thursday 3 May, 2018 3:02 pm

FERG attends the 3rd Edition of Awareness Training by Dubai Police Initiative helps bring down money exchange and bank theft in the UAE by 90%

The Foreign Exchange and Remittance Group (FERJ), a consortium of businesses engaged in the foreign exchange and remittance industry, attended the 3rd edition of Awareness Training by Dubai Police, held on 25th April at Dubai Police Officers Club. The initiative by Dubai Police works on training...

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Business & Money | Thursday 3 May, 2018 1:50 pm

LuLu Financial Group Commences Operations in Hong Kong

LuLu Financial Group, the leading financial services and payments solution brand, started its operations in Hong Kong with the inauguration of their head office at Hankow Centre in Kowloon. The branch was inaugurated by Adeeb Ahamed, Managing Director, LuLu Financial Group in the presence of...

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